AOTG vs. QTUM

Last updated Jul 18, 2026

AOTG (AOT Growth and Innovation ETF) and QTUM (Defiance Quantum ETF) are both Technology Equities funds. AOTG is actively managed, while QTUM is passively managed. Over the past 3 years, AOTG returned 22.23%/yr vs 40.35%/yr for QTUM. Their correlation of 0.82 suggests significant overlap in exposure. AOTG charges 0.75%/yr vs 0.40%/yr for QTUM.

Performance

AOTG vs. QTUM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AOT Growth and Innovation ETF (AOTG) and Defiance Quantum ETF (QTUM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AOTG achieves a 8.54% return, which is significantly lower than QTUM's 29.68% return.

AOTG

• 1D: -1.49%
• 1M: -3.08%
• 6M: 9.45%
• YTD: 8.54%
• 1Y: 17.66%
• 3Y*: 22.23%
• 5Y*: —
• 10Y*: —

QTUM

• 1D: -0.84%
• 1M: -12.63%
• 6M: 20.08%
• YTD: 29.68%
• 1Y: 50.57%
• 3Y*: 40.35%
• 5Y*: 25.63%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AOTG vs. QTUM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AOTG AOT Growth and Innovation ETF	8.54%	25.26%	32.20%	54.58%	-11.14%
QTUM Defiance Quantum ETF	29.68%	36.65%	50.54%	39.86%	-5.18%

Correlation

The correlation between AOTG and QTUM is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jun 29, 2022	0.82

The correlation between AOTG and QTUM has been stable across timeframes, ranging from 0.80 to 0.82 - a consistent structural relationship.

AOTG vs. QTUM - Sectors Allocation Comparison

Sectors	AOTG	QTUM
Technology	67.4%	81.2%
Communication Services	15.0%	6.4%
Financial Services	9.7%	0.0%
Consumer Cyclical	7.0%	2.0%
Industrials	0.6%	9.1%
Healthcare	0.2%	1.2%
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AOTG vs. QTUM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AOTG

AOTG Risk / Return Rank: 23
AOTG Sharpe Ratio Rank: 23
AOTG Sortino Ratio Rank: 23
AOTG Omega Ratio Rank: 23
AOTG Calmar Ratio Rank: 22
AOTG Martin Ratio Rank: 23

QTUM

QTUM Risk / Return Rank: 65
QTUM Sharpe Ratio Rank: 63
QTUM Sortino Ratio Rank: 57
QTUM Omega Ratio Rank: 56
QTUM Calmar Ratio Rank: 78
QTUM Martin Ratio Rank: 72

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AOTG vs. QTUM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AOT Growth and Innovation ETF (AOTG) and Defiance Quantum ETF (QTUM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AOTG	QTUM	Difference
Sharpe ratio: Return per unit of total volatility	0.67	1.66	-1.00
Sortino ratio: Return per unit of downside risk	1.05	2.19	-1.15
Omega ratio: Gain probability vs. loss probability	1.13	1.28	-0.15
Calmar ratio: Return relative to maximum drawdown	0.78	3.20	-2.42
Martin ratio: Return relative to average drawdown	2.16	10.43	-8.27

AOTG vs. QTUM - Sharpe Ratio Comparison

The current AOTG Sharpe Ratio is 0.67, which is lower than the QTUM Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of AOTG and QTUM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AOTG vs. QTUM - Drawdown Comparison

The maximum AOTG drawdown since its inception was -31.63%, smaller than the maximum QTUM drawdown of -38.45%. Use the drawdown chart below to compare losses from any high point for AOTG and QTUM.

Drawdown Indicators

	AOTG	QTUM	Difference
Max Drawdown Largest peak-to-trough decline	-31.63%	-38.45%	+6.82%
Max Drawdown (1Y) Largest decline over 1 year	-22.85%	-15.90%	-6.95%
Max Drawdown (3Y) Largest decline over 3 years	-27.41%	-25.39%	-2.02%
Max Drawdown (5Y) Largest decline over 5 years	—	-38.45%	—
Current Drawdown Current decline from peak	-9.18%	-15.90%	+6.72%
Average Drawdown Average peak-to-trough decline	-7.82%	-8.23%	+0.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.20%	4.87%	+3.33%

Volatility

AOTG vs. QTUM - Volatility Comparison

The current volatility for AOT Growth and Innovation ETF (AOTG) is 9.50%, while Defiance Quantum ETF (QTUM) has a volatility of 10.70%. This indicates that AOTG experiences smaller price fluctuations and is considered to be less risky than QTUM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AOTG	QTUM	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.50%	10.70%	-1.20%
Volatility (6M) Calculated over the trailing 6-month period	22.32%	25.32%	-3.00%
Volatility (1Y) Calculated over the trailing 1-year period	26.62%	30.57%	-3.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.56%	27.46%	+2.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.56%	27.59%	+1.97%

AOTG vs. QTUM - Expense Ratio Comparison

AOTG has a 0.75% expense ratio, which is higher than QTUM's 0.40% expense ratio.

Dividends

AOTG vs. QTUM - Dividend Comparison

AOTG has not paid dividends to shareholders, while QTUM's dividend yield for the trailing twelve months is around 0.83%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
AOTG AOT Growth and Innovation ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QTUM Defiance Quantum ETF	0.83%	1.01%	0.61%	0.81%	1.46%	0.48%	0.42%	0.61%	0.21%

Frequently Asked Questions

Can I hold both AOTG and QTUM in my portfolio?

AOTG and QTUM have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AOTG or QTUM?

QTUM has higher volatility (10.70%) compared to AOTG (9.50%). In terms of maximum drawdown, AOTG dropped -31.63% vs QTUM's -38.45%.

Which ETF is better, AOTG or QTUM?

On 3-year performance, QTUM leads with 40.35% vs 22.23% for AOTG. On fees, QTUM is cheaper at 0.40% per year. On volatility, AOTG has been the lower-risk option at 9.50%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AOTG or QTUM?

Over the 3-year period, QTUM has performed better with a 40.35% return vs 22.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AOTG or QTUM?

QTUM is cheaper with a 0.40% expense ratio, compared with 0.75% for AOTG.

Which ETF pays a higher dividend yield, AOTG or QTUM?

QTUM has the higher dividend yield at 0.83%, compared with 0.00% for AOTG.

What is the main difference between AOTG and QTUM?

They also come from different issuers: AOT and Defiance. Their fees differ too: 0.75% for AOTG and 0.40% for QTUM.

Which has better risk-adjusted returns?

QTUM currently has the higher Sharpe Ratio (1.66 vs 0.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.